Big Picture ...

Don't forget the big picture with balance day adjustments - BDAs. It is all about measurement.  Measurement of revenue and expenses for the reporting period to provide stakeholders with the most relevant profit.  Measurement at the end of the reporting period to provide stakeholders with the most relevant information of assets and equities.  Yes, all BDAs impact on both the Income Statement and Balance Sheet (never the CFS).

Stock loss:
Debit:  Stock Loss.  Credit:  Stock Control
No impact on the Cash Flow Statement.
Increases expenses and decreases gross and net profit in Income Statement.
Decreased stock control and owner's equity in the Balance Sheet.
Stock gain:
Debit:  Stock Control.  Credit:  Stock Gain
No impact on the Cash Flow Statement.
Increases revenue and gross and net profit in Income Statement.
Increases stock control and owner's equity in the Balance Sheet.
Prepaid expenses:
Debit:  Expense.  Credit:  Prepaid Expense
No impact on the Cash Flow Statement.
Increases expenses and decreases net profit in Income Statement.
Decreases prepaid expense (CA) and owner's equity in the Balance Sheet.
Depreciation of NCAs
Debit:  Depreciation NCA.  Credit:  Accumulated Depreciation NCA
No impact on the Cash Flow Statement.
Increases expenses and decreases net profit in Income Statement.
Decreases NCAs and owner's equity in the Balance Sheet.
Accrued Expenses
Debit:  Expense, eg Wages.  Credit:  Accrued expense, eg, Accrued Wages
No impact on the Cash Flow Statement.
Increases expenses and decreases net profit in Income Statement.
Increases CL and deceases owner's equity in the Balance Sheet.